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This image is part of a series that was created for an open textbook, Fundamentals of Business, 4e. The textbook will be available Fall 2022 at https://vtechworks.lib.vt.edu/.
Kindred Grey (2022). "SUV sales by size (1990-2020). *Gas prices are not adjusted for inflation." Data from https://www.energy.gov/eere/vehicles/fact-915-march-7-2016-average-historical-annual-gasoline-pump-price-1929-2015; https://www.eia.gov/dnav/pet/hist/LeafHandler.ashxn=PET&s=EMM_EPM0_PTE_NUS_DPG&f=A; https://www.bts.gov/archive/publications/national_transportation_statistics/table_01_21
Sales data 2013-2021: Wards Automotive Yearbook"CC BY 4.0.
Other contributions to this image:
Gas prices (1990-1994): https://www.energy.gov/eere/vehicles/fact-915-march-7-2016-average-historical-annual-gasoline-pump-price-1929-2015
Gas prices (1994-2021): https://www.eia.gov/dnav/pet/hist/LeafHandler.ashxn=PET&s=EMM_EPM0_PTE_NUS_DPG&f=A
Sales data 1990-2012: https://www.bts.gov/archive/publications/national_transportation_statistics/table_01_21
Sales data 2013-2021: Wards Automotive Yearbook
A graph that shows SUV sales by category, along with gas prices per gallon. The x-axis shows years from 1990 to 2019 in 2 year increments. The left y-axis shows units of SUVs sold, in thousands, from 0 to 2 million. The right y-axis shows gas prices in price per gallon from $0 to $3.50 in increments of 50 cents. A maroon line represents Small and Mid-sized SUV sales. It begins at 600 in 1990, and grows gradually to peak above 1,800 in 2004. The line gradually decreases until 2008 to below 1,800, then has a sharp negative decline to 1,000 in 2009. The line increases back up to 1,800 in 2011, then decreases again to 1,500 in 2012. An orange line represents Large SUV sales. It begins near 0 in 1990, then increases gradually to peak at below 1,800. The line drops down to 1,200 in 2006, then back up to 1,600 in 2007, then sharply declines to near 600 in 2009. The line increases to 1,200 until 2012. The area below a jagged grey line is filled and represents gas prices. It begins around $1.25 in 1990, then increases gradually to a peak in 2008 to $3.25. It sharply declines in 2009 to $2.00, then increases to $3.50 in 2012.
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